Los Angeles Schools Wants Some Of New Voter-approved Bond Money
Currently, the Los Angeles schools have $20 billion in construction and renovation projects for Los Angeles schools facilities underway or planned. Unfortunately, the Los Angeles schools officials expect a funding shortfall from known resources and are looking to the state legislature for a solution.
According to Los Angeles schools chief facilities executive, Guy Mehula, the Los Angeles schools have identified all but approximately $1.6 billion in funding sources for the building projects. There is enough money to complete construction already in progress, but not for the planned future construction of projected needs for the Los Angeles schools in 2009 and 2010.
The Los Angeles schools have hit a brick wall with the state funding guidelines, which use exaggerated long-term enrollment trends for eligibility requirements. Since the Los Angeles schools enrollment is projected to continue to decline in future years, they are ineligible for hundreds of millions of dollars in school construction funding from the state.
Though the Los Angeles schools believe the formula is unfair, state...
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